Question

Income= 3000 mpc = 0.8 autonomous consumption= 200 find consumption expenditure

Answer 1

Y=Yd +C

3000=[1-0.8]+200

3000=0.2d +200

3000-200=0.2d

2800=0.2d

d=1400

Therefore 0.8[1400]=  1120

1120+200=1320

3000-1320=1680

consumption =1680